Reuters US Business

By Marcela Ayres BRASILIA (Reuters) -A strike by Brazil’s federal tax agency over wage demands is undermining government efforts to raise revenue through tax settlements, the workers’ union said, with nearly 15 billion reais ($2.6 billion) pending last year due to the dispute. The National Union of Tax Auditors (Sindifisco Nacional) told Reuters that the …

Brazil’s tax revenue service strike threatens government’s fiscal plans, union says Read More »

OTTAWA (Reuters) -U.S. President Donald Trump will postpone threatened tariffs on Canadian imports for at least 30 days, Prime Minister Justin Trudeau said in a post on X on Monday. Trudeau, speaking after his second conversation of the day with Trump, also said Canada had committed to creating the post of a special czar to …

Trudeau says Trump will pause Canada tariffs for at least 30 days Read More »

By Rajendra Jadhav MUMBAI (Reuters) – Global bullion banks are flying gold into the United States from trading hubs catering to Asian consumers, including Dubai and Hong Kong, to capitalize on the unusually high premium that U.S. gold futures are enjoying over spot prices. Traditionally, bullion banks transport gold eastward from the West to meet …

Exclusive-US gold magnet: banks fly bullion from Asia-focused hubs to benefit from premium Read More »

By Medha Singh (Reuters) – Automakers and alcoholic beverage companies pared early session losses on Monday after U.S. President Donald Trump paused new tariffs on Mexico for one month. Trump reached a deal with Mexican President Claudia Sheinbaum requiring Mexico to reinforce its northern border with 10,000 National Guard members to stem the flow of …

Car makers, brewers pare losses as Trump pauses tariffs on Mexico Read More »

(Reuters) -U.S. banks say demand for business loans strengthened in the fourth quarter, with the net share of banks reporting an increase turning positive for the first time in two years, a Federal Reserve survey on Monday showed. The net share of banks reporting stronger demand for commercial and industrial loans from large and medium-sized …

US banks say demand for business loans rose in Q4 -Fed survey Read More »

By Mike Scarcella (Reuters) -Lawyers for Alphabet’s Google and “Fortnite” maker Epic Games squared off before a U.S. appeals court in California on Monday, as Google tries to undo a jury verdict and a judge’s order forcing it to revamp its app store. Google’s lawyer argued to the San Francisco-based 9th U.S. Circuit Court of …

Google asks US appeals court to overturn app store verdict Read More »

(Reuters) – U.S. President Donald Trump slapped Canada and Mexico with duties of 25% and China with a 10% levy on Saturday, calling the measures necessary to combat illegal immigration and the drug trade. Canada and Mexico immediately vowed retaliatory measures, and China said it would challenge Trump’s levies at the World Trade Organization and …

How Trump’s tariffs might affect commodity and energy sectors Read More »